California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Gilead Sciences
GILD
|
+$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$408M |
| 4 |
Adobe
ADBE
|
+$333M |
| 5 |
T-Mobile US
TMUS
|
+$205M |
Top Sells
| 1 |
Apple
AAPL
|
+$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$146M |
| 3 |
Sysco
SYY
|
+$144M |
| 4 |
AGN
Allergan plc
AGN
|
+$134M |
| 5 |
Welltower
WELL
|
+$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ALBO
2451
DELISTED
Albireo Pharma, Inc. Common Stock
ALBO
| $713K | ﹤0.01% |
26,900
+9,345
| +53% | +$248K |
|
2452
AdvanSix
ASIX
$576M
| $712K | ﹤0.01% |
60,674
-1,500
| -2% | -$17.6K |
|
2453
Teekay Tankers
TNK
$1.8B
| $712K | ﹤0.01% |
55,551
+1,311
| +2% | +$16.8K |
|
|
QEP
2454
DELISTED
QEP RESOURCES, INC.
QEP
| $712K | ﹤0.01% |
551,848
+10,277
| +2% | +$13.3K |
|
|
THBR
2455
DELISTED
Thunder Bridge Acquisition II, Ltd. Class A Ordinary Shares
THBR
| $710K | ﹤0.01% |
+70,300
| New | +$710K |
|
2456
Green Plains
GPRE
$631M
| $707K | ﹤0.01% |
69,200
-800
| -1% | -$8.17K |
|
|
RC
2457
Ready Capital
RC
$689M
| $707K | ﹤0.01% |
81,339
+9,481
| +13% | +$82.4K |
|
2458
RAPT Therapeutics
RAPT
$268M
| $705K | ﹤0.01% |
+3,035
| New | +$705K |
|
2459
Caleres
CAL
$503M
| $703K | ﹤0.01% |
84,264
-3,994
| -5% | -$33.3K |
|
2460
Republic Bancorp
RBCAA
$1.48B
| $703K | ﹤0.01% |
21,492
-100
| -0.5% | -$3.27K |
|
2461
Future Fuel
FF
$169M
| $702K | ﹤0.01% |
58,765
+30,531
| +108% | +$365K |
|
|
TIGR
2462
UP Fintech Holding
TIGR
$2B
| $702K | ﹤0.01% |
+168,774
| New | +$702K |
|
2463
Genesco
GCO
$358M
| $701K | ﹤0.01% |
32,355
+275
| +0.9% | +$5.96K |
|
2464
Puma Biotechnology
PBYI
$225M
| $701K | ﹤0.01% |
67,186
-1,856
| -3% | -$19.4K |
|
|
QD
2465
Qudian
QD
$707M
| $700K | ﹤0.01% |
411,724
+275,204
| +202% | +$468K |
|
2466
Ovid Therapeutics
OVID
$89.6M
| $699K | ﹤0.01% |
+94,824
| New | +$699K |
|
|
DX
2467
Dynex Capital
DX
$1.63B
| $698K | ﹤0.01% |
48,827
+7,500
| +18% | +$107K |
|
2468
TriplePoint Venture Growth BDC
TPVG
$267M
| $698K | ﹤0.01% |
67,933
+12,491
| +23% | +$128K |
|
2469
Independent Bank Corp
IBCP
$657M
| $696K | ﹤0.01% |
46,881
-1,400
| -3% | -$20.8K |
|
2470
Travelzoo
TZOO
$105M
| $696K | ﹤0.01% |
123,409
| – | – |
|
2471
LendingClub
LC
$1.91B
| $694K | ﹤0.01% |
152,419
+2,700
| +2% | +$12.3K |
|
|
PBFX
2472
DELISTED
PBF LOGISTICS LP
PBFX
| $694K | ﹤0.01% |
71,200
+10,400
| +17% | +$101K |
|
2473
Ituran Location and Control
ITRN
$696M
| $692K | ﹤0.01% |
43,223
+22,170
| +105% | +$355K |
|
2474
Veritone
VERI
$206M
| $691K | ﹤0.01% |
+46,500
| New | +$691K |
|
|
VLDR
2475
DELISTED
Velodyne Lidar, Inc. Common Stock
VLDR
| $691K | ﹤0.01% |
49,700
+32,100
| +182% | +$446K |
|